Michelle Burgos, CDPE & RealEstateWishTeam
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Inventory Broward County: SFH & Condos (Oct 09)
Inventory in Broward County Over the Last 12 Months
Single Family Properties All Price Ranges
Active Listings
Month
Count
Median Price
DOM
Absorption
Months Supply
11/2008
21,769
$279,000
153
725.42
(3.33 %)
30
12/2008
21,058
$275,000
161
759.33
(3.61 %)
27.7
1/2009
19,686
$269,900
153
783.75
(3.98 %)
25.1
2/2009
19,240
$264,900
156
807.83
(4.2 %)
23.8
3/2009
18,955
$260,000
156
844.67
(4.46 %)
22.4
4/2009
17,886
$260,000
154
875.33
(4.89 %)
20.4
5/2009
16,925
$260,000
147
906.75
(5.36 %)
18.7
6/2009
16,349
$260,000
150
947.00
(5.79 %)
17.3
7/2009
15,439
$260,000
149
983.67
(6.37 %)
15.7
8/2009
14,327
$259,900
145
1,011.83
(7.06 %)
14.2
9/2009
13,231
$260,000
141
1,032.25
(7.8 %)
12.8
10/2009
0
-n/a-
0
(0 %)
0
For Condos Including All Price Ranges
Active Listings
Month
Count
Median Price
DOM
Absorption
Months Supply
11/2008
26,196
$150,000
159
728.75
(2.78 %)
35.9
12/2008
25,725
$149,000
163
748.58
(2.91 %)
34.4
1/2009
24,399
$140,000
152
769.08
(3.15 %)
31.7
2/2009
24,049
$139,000
151
789.67
(3.28 %)
30.5
3/2009
23,981
$135,000
150
825.83
(3.44 %)
29.0
4/2009
23,118
$134,900
149
854.50
(3.7 %)
27.1
5/2009
22,074
$130,000
146
879.17
(3.98 %)
25.1
6/2009
21,685
$129,000
149
910.92
(4.2 %)
23.8
7/2009
20,927
$125,777
151
945.33
(4.52 %)
22.1
8/2009
20,015
$125,000
148
981.67
(4.9 %)
20.4
9/2009
18,805
$125,000
147
1,019.92
(5.42 %)
18.4
10/2009
0
-n/a-
0
(0 %)
0
Notes:
DOM:
Median Days On Market
Months Supply:
The number of months it would take to clear the market if no more houses were listed based on a 12-month rolling average of sales rates
Absorption:
Average number of properties sold per month based on 12-month rolling average, both as count and percent of active supply.
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Michelle Burgos
RE/MAX PowerPro
4301 Flamingo Road
Suite 101
Davie, FL 33330
954-343-3104
www.MichelleCanHelp.com